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Zenith Bank Plc announces death of its Director, Professor Oyewusi Ibidapo-Obe

Zenith Bank Plc has expressed its condolence to the family of the late professor Ibidapo-Obe.

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Zenith Bank Nigeria Plc has announced the demise of one of its Directors, Professor Oyewusi Ibidapo-Obe (OFR).

The disclosure is contained in a press release issued by the financial giant to the Nigerian Stock Exchange, seen by Themoneymetrics. The board and management of the bank expressed their condolence and prayed that God grants his family and friends the fortitude to bear the irreplaceable loss.

What you should know

  • According to the press release, the late professor was a distinguished scholar of Systems Engineering and a past Vice-Chancellor of the University of Lagos.
  • He joined the board of the bank on February 24, 2016 as an Independent Non-Executive Director and served in various committees of the board where he distinguished himself.
  • The Professor was born on 5 July 1949, and died 3 January 2021, aged 71 years.

What they are saying

Commenting on the recent developments, excerpts of the press release by the bank reads:

  • “We write to notify the investing public of the demise of our esteemed Director, Professor Oyewusi Ibidapo-Obe OFR. On behalf of the Board and Management of the bank, we wish to express our sincere condolences to the family and pray for God to grant them the fortitude to bear the irreplaceable loss.’’
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FG declares ‘no-fly zone’ in Zamfara, bans mining activities in the State

The imposition and enforcement of a ban on all mining activities in Zamfara with immediate effect is until further notice.

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President Muhammadu Buhari has banned mining activities in Zamfara State, as it declared a ‘no-fly zone’ in the northern state.

This was disclosed by the National Security Adviser (NSO), retired Maj. Gen. Babagana Monguno, during the State House briefing at the end of the meeting of the National Security Council on Tuesday.

At the meeting, which was presided by President Buhari, he said;

“The President has approved, based on our recommendations, the imposition and enforcement of a ban on all mining activities in Zamfara with immediate effect until further notice.

“He has directed the Minister of Defence and the National Security Adviser to deploy massive military and intelligence assets to restore normalcy to that part of the country.

“He has also approved that Zamfara State should be declared ‘a no fly zone’ with immediate effect.”

President Buhari said, “I join the affected families and the people of Zamfara State in welcoming and celebrating the release of the abducted students of GGSS Jangebe. This news bring overwhelming joy. I am pleased that their ordeal has come to a happy end without any incident.

“We are working hard to bring an end to these grim and heartbreaking incidents of kidnapping. The Military and the Police will continue to go after kidnappers. They need the support of local communities in terms of human intelligence that can help nip criminal plans in the bud.”

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FG will not succumb to blackmail by bandits who target innocent school students – Buhari

The President has warned hostage-taking bandits that his government will not succumb to blackmail.

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President Muhammadu Buhari has said that the Federal Government will not succumb to blackmail by bandits who target innocent school students in the expectation of huge ransom payments.

The President disclosed this in a social media statement on Friday evening, in reaction to the kidnap of students in Zamfara.

“Our primary objective is to get all the school hostages safe, alive and unharmed,” Buhari said.

He added that the FG had the capacity to deploy massive force against the bandits in the villages where they operated; however, the Army was limited by the possibility of heavy casualties of innocent villagers and hostages who might be used as human shields by the bandits.

A hostage crisis is a complex situation that requires maximum patience in order to protect the victims from physical harm or even brutal death at the hands of their captors,” he said.

The President said bandits and terrorists should not entertain the illusion that they were more powerful than the government.

“They shouldn’t mistake our restraint for the humanitarian goals of protecting innocent lives as a weakness or a sign of fear or resolution.


“We will not succumb to blackmail by bandits and criminals who target innocent school students in the expectation of huge ransom payments,” he added.

What you should know 

  • It was reported that armed bandits kidnapped 317 female students at the Girls Secondary School, Talata Mafara Local Government Area of Zamfara State on Friday.
  • The Commissioner of Police in Zamfara, Abutu Yaro, said, “We are doing our best along with all sister security agencies, members of the vigilantè group and the state government to get to the bottom of this matter.”

 

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Kidnapped Kagara schoolboys and staff have been released

The abducted students and staff of Government Science Secondary School Kagara, in Niger State, have been released.

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The kidnapped school students and staff of Government Science Secondary School Kagara, in Rafi Local Government Area of Niger State, have been released according to sources.

This was disclosed in an exclusive report by Channels TV on Saturday morning.

According to the report, the release of the abductees was confirmed by a government official.

What you should know

  • The students were abducted by the bandits dressed in military uniforms on Wednesday, February 17, 2021.
  • A total of 27 students, three staff members, and 12 members of their family were abducted after the attack on the Kagara school in the early hours of Wednesday.
  • President Muhammadu Buhari said that the Federal Government will not succumb to blackmail by bandits who target innocent school students in the expectation of huge ransom payments.
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